Termination of Lenders’ Obligations. The occurrence and continuance of a Default or an Event of Default shall relieve the Lenders of all obligations to provide any further Drawdowns, Rollovers or Conversions to the Borrower hereunder; provided that the foregoing shall not prevent the Lenders or the Agent from disbursing money or effecting any Conversion which, by the terms hereof, they are entitled to effect, or any Conversion or Rollover requested by the Borrower and acceptable to all of the Lenders and the Agent.
Termination of Lenders’ Obligations. The occurrence of an Event of Default that has not been waived by the Lenders will relieve the Lenders of all obligations to provide any further Advances hereunder whether by Rollover, Conversion or otherwise, by way of Bankers’ Acceptances (and BA Equivalent Notes), LIBOR Advances or Letters of Credit; provided that the foregoing will not prevent the Lenders from disbursing money hereunder in reduction of then outstanding Bankers’ Acceptances and Letters of Credit. For greater certainty any such Advances will be at the sole discretion of the Lenders. The Agent may reallocate all Advances pro rata among the Lenders in such manner as the Agent determines is equitable.
Termination of Lenders’ Obligations. Notwithstanding anything contained in the Finance Documents, the obligations of the Lenders to make or maintain the Loan shall terminate in the event that any of the following events take place:
Termination of Lenders’ Obligations. The occurrence of an Event of Default that has not been waived by the Lenders will relieve the Lenders of all obligations to provide any further Advances hereunder.
Termination of Lenders’ Obligations. (a) Each Lender’s obligation to grant a Facility to a Borrower shall terminate in whole or in part, depending on the following circumstances:
Termination of Lenders’ Obligations. The occurrence of an Event of Default terminates any right of the Borrower to obtain any further credit from the Lender pursuant to this Agreement and relieves the Lender of any obligation to provide any further credit under this Agreement.
Termination of Lenders’ Obligations. After the declaration of acceleration pursuant to Section 12.02, the Lenders shall be relieved of all obligations to provide any further Advances hereunder whether by Rollover, Conversion or otherwise, by way of BA Rate Advances, LIBOR Advances, EURIBOR Advance or Letters of Credit; provided that the foregoing shall not prevent the Lenders from disbursing money hereunder in reduction of then outstanding Letters of Credit. For greater certainty, any such Advances shall be at the sole discretion of the Lenders. During the existence of an Event of Default, the Agent may reallocate all Advances pro rata among the Lenders in such manner as the Agent determines is equitable.
Termination of Lenders’ Obligations. Upon the occurrence of an Event of Default or the making of the Demand, the Lender shall be relieved of all obligations to provide any further Loans hereunder.
Termination of Lenders’ Obligations. The Lender may terminate its obligations under this Agreement by notice in writing to the Borrower at any time if:
Termination of Lenders’ Obligations. Lender shall have the right to immediately terminate and cease performance of any and all of Lender's obligations under this Agreement, the Master Promissory Note and the Operating Lease.
